NZDCHF Bullish Reversal
I am entering long on NZDCHF for the following reasons:
- We are in a current downtrend.
- The previous daily close is a bullish candle, a long lower shadow and tiny upper shadow.
- Price is predicted to pullback to the trendline here, at the very least.
My trade is Entry 0.54340, Stop Loss 0.54040, Take Profit 0.54650, 1:1 RR. This is considered to be a swing trade.https://www.tradingview.com/x/gBGtvKiM/
- We are in a current downtrend.
- The previous daily close is a bullish candle, a long lower shadow and tiny upper shadow.
- Price is predicted to pullback to the trendline here, at the very least.
My trade is Entry 0.54340, Stop Loss 0.54040, Take Profit 0.54650, 1:1 RR. This is considered to be a swing trade.https://www.tradingview.com/x/gBGtvKiM/
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